AUSTRALIAN-OWNED healthcare supplements company, PharmaCare, has acquired the local arm of Medlab's 'Practitioner-Only' nutraceuticals business.
The deal, which is effective from 01 Nov, will see PharmaCare add 29 products to its range of health and wellness brands, which includes Nature's Way and Bioglan.
Medlab CEO, Sean Hall, said the "change in ownership makes sense for the full supply chain, as PharmaCare has full pharmacy and allied health infrastructure, capability and great customer service."
"We are confident that PharmaCare will continue to develop the relationships with utmost devotion and industry knowledge," he said.
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